Investment in technology needs to be stepped up: VP Naidu

Investment in technology needs to be stepped up: VP Naidu [ad_1]

CHENNAI: Investments in science and technology needed to be stepped up to address various problems the country was facing, Vice President M Venkaiah Naidu said here today.

He listed poverty, unemployment, pollution, diseases, urban-rural divide, lack of clean drinking water and also the issues relating to crime and security as among the problems.

Addressing the valedictory session of the India International Science Festival, Naidu said emerging fields of artificial intelligence, robotics, Internet of things, big data analytics and digital manufacturing were going to change the way of living and added that hence, these areas needed to be fully exploited.

The vice president appealed to the corporates and industries to "join hands to set up an exclusive corpus for encouraging innovative, out-of-the-box research and development projects and disruptive technologies that can provide long-lasting answers to the problems faced by the people".

Emphasising on research and development activities, he listed a host of challenges, including climate change, global warming, sustainable development and regional disparities, in this regard.

"Challenges to come in the coming days are clean energy, clean water and diseases and these are going to be the biggest challenges with population increase in India.

"Keeping this in mind, only science can find solutions to both the present and emerging problems in the years to come," Naidu said.

He added that he was "happy that the Government of India, led by Prime Minister Narendra Modi, has given a call -- a mantra of reform, perform and transform".

'India's 15 best technology companies to work for in 2017'

'India's 15 best technology companies to work for in 2017'

Wonder which are the best technology workplaces in India? A study done earlier this year, in association with The Economic Times, listed the best workplaces in the country. The list revealed that career growth, caring like a team/family, fairness and benefits are the four trust boosters that impact employees' perceptions about their workplaces and differentiate the best workplaces from the rest. Like past many years tech companies dominate the year 2017's listing as well. Here are the 15 best technology companies to work for in India for the year 2017.

Intuit India

Founded: 2005; Employee Strength: 948; Gender diversity (F/M): 1:3.21; Overall Rank: 1; Highlights: One of the select few companies in the country that has been openly vocal about LGBT (lesbian, gay, bisexual, transgender) rights and inclusivity at the workplace. Intuit employees are allowed to use 10 percent of their time — called 'unstructured' time — to think about customer problems and innovate on new solutions.

Google India

Founded: 2004; Employee Strength: 1863; Overall Rank: 3; Highlights: Google recently released the results of a study done by Googlers, of Googlers, to see what makes an effective team at Google. Inspired by Project Oxygen, it looks at what makes great managers at Google. The company analysed more than 200 teams over 200 interviews and assessed more than 200 ways of evaluating team effectiveness.

SAP Labs India

Founded: 1998; Employee Strength: 6489; Gender diversity (F/M): 1:1.93; Overall Rank: 5; Highlights: Over the past year, SAP Labs India has been focusing on building a strong culture of entrepreneurship. Its accelerator programme, SAP Startup Studio, focuses on curating early or growth-stage startups that leverage disruptive technology to solve complex business challenges. The company has also revamped its sabbatical policy to allow those who have completed two years or more at SAP to take a sabbatical for entrepreneurship for up to two years.

Adobe India

Founded:1997; Employee Strength: 4875; Gender Ratio (F/M) 1:3.36; Overall Rank: 6; Highlights: The company is also working towards reintegrating its returning moms. Six months ago, it began to assign buddies to employees who went on maternity leave. The company is also focused on hiring more women to its workforce. From its 23 per cent women employees in 2016, this year, it has ramped up to 31%.

NetApp India

Founded: 2001; Employee Strength: 1536; Gender diversity (F/M): 1:3.56; Overall Rank: 7; Highlights: While taking care of employees within the organization, the company also focuses on building up fresh talent. One of the ways this is done is by working with faculty at institutes like IIT Kanpur, IIT Kharagpur, IIT Guwahati, and IIT Bangalore, to provide them expertise and teaching resources to infuse storage, data management, and cloud-related content into their curriculum.

Teleperformance India

Founded: 2001; Employee strength: 8302; Gender ratio (F/M): 1: 2.56; Overall Rank: 8; Highlight: Teleperformance abandoned annual appraisals two years back. It now has a monthly, real-time transparent scorecard mechanism in place that gives visibility and motivates self-governance. The company offers room for real-time improvements rather than waiting a whole year to give feedback to employees.

Pitney Bowes

Founded: 2007; Employee strength: 660; Gender Ratio (F/M): 1:3.93; Overall Rank: 9; Highlights: Pitney Bowes does not monitor employee attendance. Another ingredient is the company’s ability to provide growth opportunities. Close to 70 per cent of the people who joined the company in India in the first year are claimed to be still with the company.

SAP India

Founded: 1996; Employee Strength: 1764; Gender Ratio: 1:4.51; Overall Rank: 11; Highlights: SAP’s Run Mummier app which ensures that women entering motherhood are familiar with all the policies the tech company has for women. From providing specific information regarding policies and benefits applicable during and after childbirth as well as provide checklists for women during this time, the app helps them execute tasks related to policies and manage expectations during the maternity period.

Cadence Design Systems - India

Founded: 1987; Employee Strength: 1785; Gender Ratio: 1:4; Overall Rank 17; Highlights: This electronic design automation firm has a CFO Advisory Council comprising a cross-section of employees across different levels and functions. The mission is to help improve engagement, communication and represent the voice of the employees to the CFO. The group’s mission is to help improve engagement, communications, foster a sense of community, and represent the voice of employees.

PayPal India

Founded: 2006; Employee Strength: 1255; Gender Ratio: 1:3; Overall Rank 22; Highlights: A global program called Opportunity Hack, which is a platform that brings together NGOs and developers interested in creating tech-based solutions for challenges faced by them. Last year, the hackathon saw nearly 150 developers clock 5400 hours to help 15 NGOs develop technology based prototypes to solve real world challenges.

BT Global Business Services (GBS)

Founded: 1987; Employee Strength: 4388; Gender Ratio: 1:2.13; Overall Rank: 24; Highlights: The BT CBS Employee Assistance Program (EAP) programme offers easy 24x7 telephone and chat-based assistance and support to all employees of the services firm.

InMobi

Founded: 2007; Overall Rank: 35; Highlights: This mobile advertising company has created a concept called Founders Staff, whereby 4-5 high potential employees are identified every year to work closely with the founders. By working with the founders, these star employees are exposed to the values and culture of the organization at the source.

BMC Software India

Founded: 2001; Employee Strength: 1640; Gender Ratio (F/M): 1:3.56; Overall Rank: 42; Highlights: The company has a MyHappiness App through which employees participate in a ten second survey at periodic intervals. Employees are asked if they feel recognized, find their work and whether they find BMC a fun place to work. The data collected is corelated to factors like customer satisfaction ratings and attrition.

Atria Convergence Technologies

Founded: 2008; Employee Strength: 6693; Gender Ratio (F/M): 1:9.92; Overall Rank: 43; Highlights: This broadband and digital TV company’s ACT Carnival, a program for employees’ children, involving art competitions, game stalls and lots of food. Digital prints of the children's paintings go into the creation the company calendar. All of the company’s locations are virtually connected during this event and one can view the celebrations in the other locations on the large screens placed at the venue.

CitiusTech Healthcare Technology

Founded: 2005; Employee Strength: 2158; Gender Ratio (F/M): 1:1.96; Overall Rank: 47; Highlights: The company has a ‘Green Channel’ process when hiring people for management roles, an extension of its referral program, wherein very strong recommendations for candidates lead to automatic hiring, without going through the conventional process of interviews. This ensures high potential candidates are quickly absorbed into the system.

"Transformation is the need of the nation," Naidu said and added that all the citizens, including the scientists and researchers, had a great responsibility to move towards that end.



Minister of State for Science, Technology and Earth Sciences Y S Chowdary listed the Centre's initiatives to nurture entrepreneurs, so that one could "give employment".



Rejecting the criticism of "jobless growth", he said it was not correct.



"Technology can only generate new generation of jobs and the people have to be trained for such jobs," Chowdary noted.

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